When it comes to money, we all have a certain personality. And that personality is the base of our relationship with finances. You can conquer any fear you have about your money with some work and honesty. So for the next couple of weeks, we’re going to talk about what you need to do to fix your money woes.
The first step to solving your money issues really starts with looking within yourself. This week, I want you to think about which financial personality you are. Below are six different financial personalities. Read through them and then decide which category you fit in best.
Are you a hoarder?
Hoarders are territorial; they hold on to stuff (as well as emotions) because they’re afraid of it being taken away. If you were very giving when you were younger or you came from a scarce environment, than you are probably hoarding your money and emotions.
Are you a spender?
We all know spenders. They spend their money as quickly as it comes. They’ve charged up credit cards on things they rarely even use. And they seem to attract people lacking ambition and drive. If you have clothes with tags on them – and you bought it over six months ago – you’re a spender.
Are you a giver?
Givers are warm and friendly. They love to give whatever they can to help others, and they are attracted to hoarders and spenders. Another quality of givers is that they aren’t comfortable with receiving.
Are you a controller?
Exacting and precise, controllers handle every single penny of their finances to the smallest detail. They are naturally frugal, and micromanagers that rarely see the big picture. If you have trouble being mindful of your personal relationships because of your issues, then you are probably a controller.
Are you a planner?
Some people find comfort in making firm plans so there are no surprises on the journey from point A to point B. Planners don’t like surprises, and are never spontaneous with money. If you get knocked off balance when something unexpected happens, you’re probably a planner.
Are you a carefree butterfly?
Being healthy and happy in all aspects of your life is a good thing, and carefree butterflies are like this. They believe that things will work out and they live in the present moment. But they also are often disconnected with their money.
So which one are you?
Most likely, you’ll see yourself in a few of these. Maybe you have days when you hoard compulsively, and then others when you spend away. Maybe your financial personality changes when you’re with different people. Whatever it is, now is the time to get it all out there. The key here is to be honest with yourself; the only one hurt by you lying is you.
Take time this week to be honest with yourself about who you are. Write down traits of your personality that fit into the different categories. And then write down the different situations you were in that really brought that out. Next week, we’ll talk about the final financial personality and what you need to do to get there.
Tags: financial personality, money and emotions, money personality, financial planner, chicago women in finance, Julie Murphy Casserly, chicago finance expert, chicago money blog